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Fidelity International Low Volatility ETF (FCIL.NEO) Alternatives

ETF · Currency in CAD · Last updated Jun 5, 2026

The Fidelity International Low Volatility ETF seeks to replicate the performance of the Fidelity Canada International Low Volatility Index, investing in low volatility large- and mid-cap stocks from developed markets outside the U.S. and Canada.

Fidelity International Low Volatility ETF (FCIL.NEO) belongs to the Foreign Large Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FCIL.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FCIL.NEO

FCIL.NEO charges 0.45% annually. There are 8 ETFs in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.17%.

SymbolNameExpense RatioAUMInception
QDX.TO
Mackenzie International Equity Index ETF0.17%1.52BJan 2018FCIL.NEO vs QDX.TO
XEF.TO
iShares Core MSCI EAFE IMI Index ETF0.23%21.46BApr 2013FCIL.NEO vs XEF.TO
FLUR.NEO
Franklin International Equity Index ETF0.27%—Feb 2019FCIL.NEO vs FLUR.NEO
XSEA.TO
iShares ESG Aware MSCI EAFE Index ETF0.28%351.13MMar 2019FCIL.NEO vs XSEA.TO
XDSR.TO
iShares ESG Advanced MSCI EAFE Index ETF0.28%357.29MApr 2020FCIL.NEO vs XDSR.TO

Best Risk-Adjusted Alternatives to FCIL.NEO

FCIL.NEO has a PortfoliosLab risk / return rank of 22. There are 12 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 84.

SymbolNameRisk / Return RankAUMInception
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF
84
145.76MOct 2014FCIL.NEO vs RIDH.TO
ZXM.TO
CI Morningstar International Momentum Index ETF Co...
73
124.79MNov 2014FCIL.NEO vs ZXM.TO
FCIV.TO
Fidelity International Value ETF
68
2.08BJun 2025FCIL.NEO vs FCIV.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...
64
1.90BAug 2018FCIL.NEO vs VIDY.TO
XEF.TO
iShares Core MSCI EAFE IMI Index ETF
50
21.46BApr 2013FCIL.NEO vs XEF.TO

Top Performing FCIL.NEO Alternatives (YTD)

FCIL.NEO is at 4.76% YTD. There are 13 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 12.74%.

SymbolNameYTD ReturnAUMInception
FCIV.TO
Fidelity International Value ETF
12.74%
2.08BJun 2025FCIL.NEO vs FCIV.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF
12.44%
145.76MOct 2014FCIL.NEO vs RIDH.TO
XDSR.TO
iShares ESG Advanced MSCI EAFE Index ETF
12.41%
357.29MApr 2020FCIL.NEO vs XDSR.TO
ZXM.TO
CI Morningstar International Momentum Index ETF Co...
12.14%
124.79MNov 2014FCIL.NEO vs ZXM.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...
11.55%
1.90BAug 2018FCIL.NEO vs VIDY.TO

Lowest Volatility Alternatives to FCIL.NEO

FCIL.NEO has 14.46% 1-year volatility. There are 9 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 10.31%.

SymbolNameVolatility 1YAUMInception
ZLI.TO
BMO Low Volatility International Equity ETF10.31%284.99MSep 2015FCIL.NEO vs ZLI.TO
ZWE.TO
BMO Europe High Dividend Covered Call Hedged to CA...11.04%762.24MSep 2015FCIL.NEO vs ZWE.TO
TILV.TO
TD Q International Low Volatility ETF11.13%133.63MMay 2019FCIL.NEO vs TILV.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF11.93%145.76MOct 2014FCIL.NEO vs RIDH.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...13.21%1.90BAug 2018FCIL.NEO vs VIDY.TO

Lowest Drawdown Alternatives to FCIL.NEO

FCIL.NEO has a 1-year max drawdown of -9.17%. There are 4 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -7.11%.

SymbolNameMax Drawdown 1YAUMInception
TILV.TO
TD Q International Low Volatility ETF
-7.11%
133.63MMay 2019FCIL.NEO vs TILV.TO
ZLI.TO
BMO Low Volatility International Equity ETF
-8.37%
284.99MSep 2015FCIL.NEO vs ZLI.TO
FCIV.TO
Fidelity International Value ETF
-8.59%
2.08BJun 2025FCIL.NEO vs FCIV.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF
-8.67%
145.76MOct 2014FCIL.NEO vs RIDH.TO
ZWE.TO
BMO Europe High Dividend Covered Call Hedged to CA...
-9.56%
762.24MSep 2015FCIL.NEO vs ZWE.TO

Other ETFs from Fidelity

The 10 most viewed Fidelity ETFs shown here include FEQT.NEO, FINN.NEO, FCCM.NEO and span 8 categories. AUM among these funds goes as high as $8B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FEQT.NEO
Fidelity All-in-One Equity ETF FundDiversified Portfolio
72
10.90%
—Jan 2022FCIL.NEO vs FEQT.NEO
FINN.NEO
Fidelity Global Innovators ETFTechnology Equities
90
41.97%
—May 2023FCIL.NEO vs FINN.NEO
FCCM.NEO
Fidelity Canadian Momentum Index ETFMomentum, Canada Equities
82
11.11%
—Jun 2020FCIL.NEO vs FCCM.NEO
FBTC.TO
Fidelity Advantage Bitcoin ETFCryptocurrency
2
-26.46%
1.41BNov 2021FCIL.NEO vs FBTC.TO
FCUV.TO
Fidelity U.S. Value ETFLarge Cap Value Equities
82
14.86%
3.08BJun 2020FCIL.NEO vs FCUV.TO
FBAL.NEO
Fidelity All-in-One Balanced ETFDiversified Portfolio
67
7.17%
8.37BJan 2021FCIL.NEO vs FBAL.NEO
FGRO.NEO
Fidelity All-in-One Growth ETFDiversified Portfolio
70
9.39%
4.36BJan 2021FCIL.NEO vs FGRO.NEO
FCIM.NEO
Fidelity International Momentum Index ETFMomentum, International Equity
70
20.61%
—Jun 2020FCIL.NEO vs FCIM.NEO
FCMO.NEO
Fidelity US Momentum ETFMomentum, Large Cap Growth Equities
65
21.49%
—Jun 2020FCIL.NEO vs FCMO.NEO
FCCQ.TO
Fidelity Canadian High Quality ETFCanada Equities
63
6.62%
922.80MJan 2019FCIL.NEO vs FCCQ.TO

Often Compared With FCIL.NEO

Investors most often compare FCIL.NEO with FCCD.TO, FCRI.TO, FCID.TO. These 7 comparison targets span 6 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FCCD.TO
Fidelity Canadian High Dividend Index ETFDividend
95
14.86%
365.90MSep 2018FCIL.NEO vs FCCD.TO
FCRI.TO
Franklin International Core Equity Fund ETF SeriesForeign Large Cap Equities—
7.79%
—Jan 2026FCIL.NEO vs FCRI.TO
FCID.TO
Fidelity International High Dividend ETFDividend
68
11.02%
326.60MSep 2018FCIL.NEO vs FCID.TO
ZPR.TO
BMO Laddered Preferred Share Index ETFPreferred Stock/Convertible Bonds
96
6.11%
1.58BJan 2022FCIL.NEO vs ZPR.TO
ZMMK.TO
BMO Money Market Fund ETF SeriesMoney Market
100
0.99%
5.70BNov 2021FCIL.NEO vs ZMMK.TO
LVHI
Franklin International Low Volatility High Dividen...Volatility Hedged Equity, Dividend
91
12.09%
4.94BJul 2016FCIL.NEO vs LVHI
FCCV.TO
Fidelity Canadian Value ETFCanada Equities
92
16.48%
1.06BJun 2020FCIL.NEO vs FCCV.TO

Compare FCIL.NEO with Any Fund or Stock

Compare FCIL.NEO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair FCIL.NEO with funds that move differently

Fidelity International Low Volatility ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCIL.NEO.

Explore FCIL.NEO Diversifiers